Elon Musk loses his position atop Forbes' annual billionaires list | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 95%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Elon Musk has officially been dethroned from the top of Forbes’ annual “World’s Billionaire’s List.”

The Tesla and Twitter chief is now the second-richest billionaire, worth an estimated $180 billion, which is $39 billion less than the previous year. The top spot has been awarded to Bernard Arnault, the chairman of French luxury goods giant LVMH. His net worth increased more than $50 billion in the past year to $211 billion. This shouldn’t come as a surprise to Musk, whose position wobbled on the Forbes’ “Real-Time Billionaires” list, which is updated daily, for the past several months.

SpaceX is a bright spot for the billionaire, the magazine notes, since its valuation has increased $13 billion to $140 billion over the past year. Amazon founder Jeff Bezos lost the most amount of money of any billionaire on the list , knocking him down from second position to third. The loss can be attributed to Amazon shares losing nearly 40% of their value last year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I hate when this happens.

You guys run these crap headlines every two weeks

I’m sure he won’t be living on Rice n Beans just yet …

For a day or three. Lol.

I really don't think Elon really cares to be on top of the list. Just one of the richest person on the planet. I'm sure he is happy with that. elonmusk

Do you have any other better news 😮

Bernard who!!? Never heard of him. These mem have more money than the sand in my backyard. Inconsequential to me. Next story please.🙄

А кто теперь на его месте Зеленский

You can get some gifts from the Walmart Gift Card 🎁 just in exchange for the register👇👇👇

180billion OMG he is destitute. Slow news day? Sure something else should be filling it rather than this crap.

Unless damages is considered a win... Unlisted

Poor him; worth only an estimated $180 billion 😀

I’m sure he’s worried. 🤣

My heart bleeds.

Today keeping a LOW PROFILE is ideal... a lot of exposure wears out the image.

Only last how long?

So sad. Oh well.

Hahahaha

Thoughts and prayers.

Shouldn’t have bought Twitter

CNN hate Musk now because he’s been supporting Trump and calling out the lunacy of TDS

CNN, what’s that stand for again? Oh yeah Crappiest Nonsensical News.

So news worthy, not!

Big deal. Why do agencies have a interés on who loses an igsinificant titles? No one cares. What we care about is only in progress. What is created. If he Star Ship is failing, then that is something we like to know.

Joe Biden and Hunter are now top of Forbes billionaire list Thanks to China

Nobody cares, Elmo is quickly becoming more and more irrelevant.

I love the pic you show like he even gives a shit...

Notice how CNN is against everyone that is against the CORRUPT dems NWO. elonmusk doesnt GAF

I think we’re going need a whip round

I’m trying to think of anything elonmusk spends less time thinking about…umm I can’t.

Ha ha, hasn't taken SpaceX public yet

Everything has to be a competition 💀

Hard to muster any sympathy - I wish I was number 156 on the list, down from 100th. Shit.

He will be back to number 1 in no time.

Зачем временных держателей чужих Активов считать (миллиардерами ).И эти активы ему перешли обманным путём .

I have already muted this guy, but he stil keeps coming back. Thank you CNN!

And I thought I was having a bad day...

Lol oh no! He must be so depressed lol

I’m not a billionaire so I don’t have opinion on this😂

Please! He can purchase you in secs! and fire all these socialists' propagandists.

Look how CNNfaked it with the picture that has nothing to do with the news. As if elonmusk is so sad that his net worth is $180B not $211B.😆 A lot of kids and fake people at .

Praying for Elon🙏

I’m sure that Elon is very concerned about this and it must be keeping him up at night.

Is it because he goes against the mass corporate narrative?

All those dollars printed. Of course.

I'm sure he's crushed cnn

Does that makes him poor or you just dissapointed he doesn't want to work for Bill Gates and Klaus Schwab?

Ye don't think he cares! In that same time he has become the most influential man in the world's so kudos cnn

Who cares

LotharBirkner

Your ratings are in the toilet imagine where they would be if you didn’t talk about Trump,

LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLLLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOOOLOLOLOL!!!!!!!!!! His ego can’t handle this info! 🤣

Well, he knew he would pay a price for giving people their voice back again...he's a hero to millions in America and around the world, which has been unfortunate for your rating huh CNN 🙃

And the left applauds because they're hateful unhappy people.

Oh, gee...does this make Elon Musk any less amazing than he was when he topped said list?!? 🤔 Nope.

OMG the sky is falling.....

I am sure he is not sweating it too much. Not quite the drop as CNN viewership has experienced.

who cares about forbes...they never even have the right statistics

As big a con man as OrangeGenius

That's gonna hurt his ego.

I reckon he doesn’t even care, And that’s what makes him the best!

Poor Apartheid Elon.

CNN ratings? Not even receiving leaks from Bragg will help CNN. Illegal decision by both.

Because after, elonmusk unselfishly distributed his share of his own wealth to the American People so they can have their writings read on a free speech platform called Twitter. Unlike Facebook that quashes free speech.

Forbes thinks he cares? Or anyone for that matter?

I am sure he could care less. 😂😂😂

Work on stories that matter. Like Epstein list. And why the trans are trying to lower the consensual sex age.

Your network is a joke.

I'm sure he won't be able to sleep until he goes back to the top of the list lol

Who cares!

This can literally happen multiple times in a day. Glad CNN is ramping up the hard hitting journalism

Stop those so call news, we need food for families !

FCNN!

Haters gonna hate 🙄

Oh Boo Hoo. I trust him more then I do your reporting and the Clintons.

Broke ass MF…

And he did it for the integrity of America. We have to have faith in the constitution and Elon did his thing at a cost

I think he's still the top one in 's mind, judging by how the headline is all about him and not the dude who became the top billionaire 🤔 Why not 'dude X becomes top billionaire', eh? You know why...

Hear me out: What if the transgender movement was manufactured to strengthen the luxury purse market🤯 🤔 👜

He gave that up for freedom of speech.

CNN's wokeness at its worst

Doesnt this happen every couple weeks?

Your $8 will help him out

Similar to CNN being dethroned as the King of Cable News 😝

Omg how humiliating 😳

That's how it goes, it's normal, 'you win some, you lose some!'

How will he ever survive?

Who’s number one now, Zelenskyy?

CNN sucks

Bidens family is probably at the top now $120 Billion dollars into their banks in Ukraine

far left liberal fake news propaganda CNN loves to hate Elon bc he speaks the truth.

Tesla has more fires than a Ford Pinto

Something tells me that elonmusk doesn’t care.

Don't worry, he's going to fall even further down the ladder. And soon too.

Who. the fuck. cares?

Must be heartbreaking. I’d be happy to be at the bottom of the billionaires list,…🤷‍♀️

I didn’t make the list either. 🥲

Off subject. Has CNN not learned anything from its past 24/7 coverage of Trump? Are your new owners on his payroll? I haven't heard anyone say no one is above the law. You've played right into the Trump narrative.

He Needs To Be At The Top Of The Most Recently Destitute List

Cherrypicking News Now

Not really.

That explains the push for $84 a year!

I doubt he ever wanted to be on that list, honestly...

Propaganda

Report news that matter

This is probably a blessing, given their recent track record.

Fake news website from what i know ill watch fox over your crap nothing network anyday

CNN’s audience now consists of rich Resistance Libs who think Musk is suddenly owned because he went from the richest man to the second richest. CNN has lost its prime for decades now.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines